Mitt Romney Makes V.P. Announcement

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At the beginning of a four-day, four-state bus tour starting in Norfolk, Virginia, Mitt Romney has announced 42-year-old Wisconsin Congressman Paul Ryan as his vice presidential running mate.

The Boston Herald reports that Ryan said during the announcement, “Mitt and Ann, I am deeply honored and excited to join you as your running mate." He continued, "America is on the wrong track, but Mitt Romney and I will take the right steps in the right time to get us back on the right track."

In the past few months, many thought Romney would go with more moderate choices like Ohio Sen. Rob Portman, or former Minnesota Gov. Tim Pawlenty. However many believe Ryan, who is the chairman of the House Budget Committee, is a bold choice due to his views on budget and changing government spending.

CNN reports that President Obama has said of Ryan’s budget plan: "It is antithetical to our entire history as a land of opportunity and upward mobility for everyone who's willing to work for it - a place where prosperity doesn't trickle down from the top, but grows outward from the heart of the middle class."